Announced Thu, 9 Jul · 11:11 IST
Syschem promoters acquire 8.12 percent stake via preferential issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.7%1-day move
₹40.90
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.7+6.2+3.6+3.9+3.8+7.3————
Up moveDown movePending
AI summary
Promoter group of Syschem India comprising Virendra Shah, Bhavesh Shah, Bimal Shah and Kalpana Shah acquired 43,52,500 equity shares (8.12 percent of capital) via preferential allotment on 7 July 2026. Post-acquisition, combined promoter holding rises from 27.44 percent to 33.34 percent. The company’s share capital expanded from 4.92 crore to 5.36 crore equity shares of Rs 10 each.
Likely market impact
Positive confidence signal from promoters, but existing non-promoter shareholders face dilution from the new share issuance.